The Independent Living Center Inc

Analysis

The Independent Living Center Inc is a registered charity in United States, based in Joplin, MO. It received its IRS tax-exemption ruling in September 1995, 31 years ago. Its declared purposes cover arts, culture and humanities, which this site groups under arts, culture, heritage and science. The IRS classifies it as a publicly supported organisation (donations from the general public) under section 501(c)(3), and contributions to it are listed as tax-deductible.

In the financial year ending June 2023, The Independent Living Center Inc reported income of $3.7m and spending of $2.8m, leaving 23% of income unspent that year. Across the 5 years on record, from June 2019 to June 2023, income grew from $3.5m to $3.7m (+4.8%), an average of +1.2% a year. The sharpest change came in the year to June 2023, when income rose by 32%. Over the whole period it spent 94% of the income it received.

Among 45,478 United States charities whose main cause is arts, culture, heritage and science and that reported income, The Independent Living Center Inc sits at the 95th percentile: it is larger than about 95% of them. Against every charity in United States with reported income it ranks in the 90th percentile, and in the 89th percentile within MO. Charities of a similar size with the same main cause include Better Markets Inc ($3.7m), Hurrah Players Inc ($3.7m) and A Noise Within ($3.7m).

On its Form 990 for the period ending June 2023, revenue came from contributions and grants 7.9% and program service revenue 87% of the total. Other salaries and wages came to $1.9m. At year end it held assets of $7.1m against liabilities of $165k, net assets of $7.0m. It reported 139 employees.